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Ceres loses $9.3M, missing estimates

By   /  Monday, July 15th, 2013  /  Banking & Finance, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Ceres loses $9.3M, missing estimates

Thousand Oaks-based agricultural biotech firm Ceres’ third-quarter net loss widened to $9.3 million, or 38 cents per share, on revenue of $1.4 million, it said July 11. The energy crop firm attributed the higher loss to added expenses from expanding business operations in Brazil and higher-than-expected variability in how much fuel its crops can produce. Read More →